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Amazon Q4 revenue rises, but below expectations

HANGING TOUGH: Analysts say that Amazon's fourth-quarter numbers, momentarily disappointing as they might have been, did not dent optimism.

New York

AMAZON was expected to run away with the holiday season. Instead, it merely strolled.

Revenue for the fourth quarter was a bit lighter than expected, the Seattle company reported on Thursday, and profit was a whole lot skimpier. Wall Street was crushed. The US$24 billion...